Bob Crummer
4plex guidance please!
Thanks in advance to everyone at BP, this site has taught me a lot so far and I am in need of some guidance!I am looking at a four unit, bank owned, vacant for 6 months property in a small town. Ask price is $80k.Vaca...
Dan McCarthy
Need creative financing help!
Hello! My wife and I are looking for our next investment property and I just recently got a call from a mailing I sent out to local absentee owners. The property is an off market 5 unit that rents for $675, $890, $945...
Greg B.
Dowsides to this lease option strategy
I have an interesting purchase strategy being presented to me, and I wanted to put it in front of the community here to help me poke holes in it. The situation: I have a family member who wants to help me out in grow...
Matthew Rogers
Advice on how to structure this deal.
Hi Everyone!I've found a small apartment building (14 units) that i'm considering making an offer on. I'm trying to be very creative in how I structure the deal so it is very appealing to the seller.I can't afford a c...
Coley Benson
Found a private lender, but have some questions about timing
I found someone that wants to lend me money, but he is a first time lender and I am a first time private money borrower. We have agreed on the terms of the loan and everyone is happy. I have an attorney helping with ...
Nathan Waters
Subject to, Contract for Deed, Wrap Around
I am closing on my first seller financed deal in about a week. It is a contract for deed. There is a current lien on the house that I will be paying to ensure its not missed. But my question is this:Whats the differen...
Paul Khazansky
What IRR returns do you target?
Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...
Account Closed
How to finance a turnkey buy & hold rental?
I'm interested in making an offer for a triplex however, am trying to figure out whats the best way to finance this deal is. Does it ever make sense to purchase a turnkey buy & hold property using hard money? If y...
Waqar Khan
Investor Friendly Escrow Officers IN Las Vegas ?
I am looking for a good Escrow Officers/Title Company in Las Vegas , Specializing in Investors Escrows that will deal with Seller carry back, creative financing etc.Any recommendation ?
Alex Heckaman
LOW Income Financing Options
I am currently evaluating a deal that will require some creative financing.. I have a very low income but have found a property that I have determined will cash flow. It is actually a few houses in one sale. One house...